Residential
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L&G next to join Old Kent Road resi rush
L&G could be the next company to join the rush of residential development on Old Kent Road as it examines options for the PC World site at 180 Old Kent…
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What next for Miller Developments?
Reports of a private equity buyer for Miller Homes this week means three of the four companies that emerged from the break-up of Miller Group have now been sold on.
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Local authority property spending hits the big time
Faced with the need to make their money work harder than ever, local authorities are becoming major players in property investment
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Harworth signs McLaren and sells to Taylor Wimpey
Harworth group has signed a 75,000 sq ft prelet with McLaren and also disposed of 8.2 acres of land to housebuilder Taylor Wimpey
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Solihull care home site up for sale
Solihull Council has put a 1.4-acre former care home site in Solihull up for sale through Cushman & Wakefield
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Grenfell taskforce announced
Independent Grenfell Recovery Taskforce will help Kensington and Chelsea Council develop and implement a long-term recovery plan following the Grenfell Tower fire
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Urbanest combines offices with student housing in the City
Urbanest has gained consent for a mixed-use scheme in the City of London which blends student accommodation, offices, incubator space and exhibition space.
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Unite’s profit slips
Student accommodation provider Unite’s pretax profit has fallen by 32% in the first six months of the year
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Developers could be hit by new leasehold rules
Both McCarthy & Stone and Berkeley could be affected by new rules on leasehold of new houses.
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Metro reverses loss after buying mortgages
Metro Bank has reversed last year’s loss to post a pre-tax profit of £6m in the first half of the year.
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Regions suffer housing market ‘weakness’, bank warns
Some areas of the country are seeing a weakening in the housing market, according to challenger bank Virgin Money.
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Bridges sells Kent care home
Bridges Fund Management has agreed the forward-funding sale of an eighty-bed care home in Sidcup, Kent, to Ropemaker Properties for £17.3m.